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How can CIOs Build Business Value with Business Analytics?

Smart Data Collective

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. They are using analytics to help drive business growth.

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What is Multiple Linear Regression and How Can it be Helpful for Business Analysis?

Smarten

To better understand multiple linear regression, let’s look at one such analysis of independent variables: Temperature and Humidity, and a target variable (yield). How Can Multiple Linear Regression Be Helpful for Business Analysis? Use Case – 1. Use Case – 2. About Smarten.

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What is Spearman’s Rank Correlation and How is it Useful for Business Analysis?

Smarten

How is Spearman’s Rank Correlation Useful for Business Analysis? Business Problem: An educational organization wants to assess students’ rating, based on two different sources of observation. The closer this value is to 0, the weaker the relationship/association is between both variables. Use Case – 1.

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What is the Paired Sample T Test and How is it Beneficial to Business Analysis?

Smarten

How is the Paired Sample T Test Beneficial to Business Analysis? This type of analysis can be useful in numerous situations. Marketing – Have sales increased following a particular campaign? Let’s look at two use cases to better understand the benefit of this technique in business analysis.

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What is the Chi Square Test of Association and How Can it be Used for Analysis?

Smarten

This analytical technique can be used for numerous purposes. Marketing / Market Research – To determine if certain types of products sell better in certain geographic locations than others, and to verify if gender has an influence on purchasing decisions. Use Case – 1. Use Case – 2. About Smarten.

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Top 5 BI tools of 2019: Comparison and How to decide

FineReport

With business intelligence(BI) tools play a more critical role in the enterprises, the technology is poised for an oversized effect in the coming year. BI software assists businesses with data display and analytics to help companies discover the situations, market challenges, as well as the chance. From Google.

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Seize The Power Of Analytical Reports – Business Examples & Templates

datapine

In recent years, analytical reporting has evolved into one of the world’s most important business intelligence components, compelling companies to adapt their strategies based on powerful data-driven insights. How To Write An Analytical Report? Try our professional reporting software for 14 days, completely free!

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